Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IPM RADIO from Etterbeek, company number BE0479090720, closed financial year 2025 with a result of € 493,841 after tax. For that financial year IPM RADIO recorded a gross margin of € 858,975 and equity of € 1 million. Compared with financial year 2024, the result moved from € -13,671 to € 493,841. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 1 million
▲ 143% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 493,841
▲ still € 13,671 loss in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -8.3 million.
People and assets in 2025
3.7
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 281,290
▲ 7% vs 2024
€ 76,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,925
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 468,437
▲ 207% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,441
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,499,894 | € 1,570,652 | - | - | |
| Gross margin | - | - | € 276,099 | € 858,975 | ▲ 211% |
| Profit after taxes | € -128,229 | € -48,139 | € -13,671 | € 493,841 | ▲ € 507,512 |
| Equity | € -6,300,141 | € -6,348,280 | € 417,932 | € 1,016,184 | ▲ 143% |
| Total debts | € 6,782,120 | € 6,946,308 | € 214,632 | € 1,670,500 | ▲ € 1.5 million |
| Cash | € 44,940 | € 5,197 | € 153,555 | € 1,187,565 | ▲ € 1 million |
| Retained profit | € -8,696,870 | € -8,745,009 | € -8,758,680 | € -8,264,839 | ▲ € 493,841 |
| Balance sheet total | € 481,979 | € 598,028 | € 632,564 | € 2,686,684 | ▲ € 2.1 million |
| Employees (FTE) | 3.9 | 3.8 | 3.8 | 3.7 | ▼ 0.1 |
Key figures of IPM RADIO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IPM RADIO?
What happened at IPM RADIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAJA SA stepped down as director. NBB
- Maja Group SA stepped down as director. NBB
- Philippe le Hodey stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 493,841. Source: NBB ↗
- AXEMEDIA SA stepped down as director. NBB
- Maja Group SA became a director. NBB
- Philippe le Hodey became a director. NBB
- IPM GROUP SA stepped down as director. NBB
In short
From € 128,229 loss in 2022 to € 493,841 profit in 2025.
Paid € 902 in corporate taxes since 2022.
Best year ever: 2025, with € 493,841 profit.
On average € 232,200 of value added per employee in 2025.
A new publication or filing at IPM RADIO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MICRO - FM, IPM Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IPM RADIOThe shares are held by MICRO - FM (100%) and IPM Group (99.8%).
Directors
According to the 2025 annual accounts
Director · represented by Philippe le Hodey
Also active at: B en M, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, FUN RADIO BELGIQUE, WantoTravel, BSCOVERY, LES NEWS 24, SAGEVAS
since 2023 · until 2026
Director · represented by François le Hodey
Also active at: MICRO - FM, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, FM DEVELOPPEMENT, WantoTravel, CARACTERE, LES NEWS 24, Capital-X
since 2026 · until 2029
since 2026 · until 2029
Director · represented by Patrice le Hodey
Also active at: B en M, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, WantoTravel, EUROPEAN TELEMATICS, BSCOVERY, LES NEWS 24, SAGEVAS
since 2023 · until 2029
Managing director · represented by François le Hodey
Also active at: B en M, MICRO - FM, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, FUN RADIO BELGIQUE, FM DEVELOPPEMENT, WantoTravel, BSCOVERY, YAGO +3 more
since 2023 · until 2026
Shareholders
100%
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Frankenstraat 79
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
All companies at this address →IPM Group same network
€ 48.8 million revenue · 2025
IPM Petite Ile
€ 2.9 million revenue · 2025
TRAVEL TEAM CONSULT and REPRESENTATIVE
€ 1 million gross margin · 2025
Axemédia same network
€ 1.5 million gross margin · 2025
MICRO - FM same network
€ 13,547 gross margin · 2025
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.090.720
- VAT number
- BE 0479.090.720
- Registered office
- Frankenstraat 79, 1040 Etterbeek
- Names & denominations
- IPM RADIO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2002
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Productie en uitzending van radioprogramma's
Uitzenden van radioprogramma’s en distributie van audio
Mediarepresentatie
Beheer van publiciteitsdragers